Westpac gets rates into line

Mortgage Rates

Westpac has made three little tweaks to its 18 month and two-year fixed rates which appear to be little more than getting itself into line with its competitors.

The 18 month rate is down just four basis points so it sits at 5.15%

The two-year special is down four points which makes it one point better than ANZ sitting at 4.65%. BNZ this morning also moved its special down to the level.

Westpac's carded two-year rate is 5.15% matching ANZ and ASB.

Also this morning BNZ moved its standard six month, one, three and four year rates down by between 24 and 40 points with the largest cut made to its six month rate.

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